Josh Sigurdson talks with author and economic analyst John Sneisen about the recent hike of interest rates at the Federal Reserve to a laughable high of 1% which is the biggest increase in a decade.
The Fed is desperately trying to push interest rates up (though not doing a great job of it) in order to drop them out and as they do, artificially stop the economy which must fall by fundamentals from doing just that.
However, after 2008 going into 2012, the Fed had to lower interest rates 5.5% and today they would need to lower it far more, but they would go negative if they did so which would be an epic deal breaker. So we are seeing panic on the part of the Federal Reserve and it’s quite unlikely it’ll sustain itself much longer.
But of course due to the level of manipulation in the monetary system as well as the markets, the fundamentals are off the table and it’s impossible to say when exactly this crash will happen, we just know it will and it has to.
The wizardry at the Fed is not rational by any standard and it’s going to end in vast debt servitude and poverty. This is why people need to be educated on what fiat truly is and protect themselves from the coming collapse.
As Bitcoin skyrockets and people tap into the vast undervalued gold and silver markets, we are just starting to see the beginning of the dollar exodus and the mass adoption of alternative currencies and assets.
Stay tuned as we continue to cover this issue!
Video edited by Josh Sigurdson
John Thore Stub Sneisen
Graphics by Bryan Foerster and Josh Sigurdson
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